In 2023, the United States led global beef and veal distribution with a share of 20.3%, followed closely by China and Brazil. China experienced a significant year-on-year increase of 7.23%, reflecting strong demand. While major markets like Russia and Ukraine faced declines, most other regions saw modest growth or stabilization. Notably, Angola showed the highest rise at 18.77%, although starting from a smaller base. Over the last five years, emerging markets in Asia like Vietnam, Malaysia, and Taiwan exhibited robust growth, highlighting shifting consumption patterns.
Future trends suggest China's influence and demand surge will continue. Emerging markets, particularly in Asia and Africa, may see increased distribution shares due to growing consumption and economic development. Challenges such as sustainability and supply chain disruptions could impact the industry's future landscape.
Top countries in Beef and Veal Meat Distribution Share by Country (Thousand Metric Tons (Carcass Weight Equivalent))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 20.3 | 2023 | -3.22% | +0.49% | View data |
| 2 | 2 China | 15.8 | 2023 | +3.91% | +7.23% | View data |
| 3 | 3 Brazil | 15.11 | 2023 | +1.87% | +1.16% | View data |
| 4 | 4 India | 6.31 | 2023 | +1.95% | +0.9% | View data |
| 5 | 5 Argentina | 4.59 | 2023 | +2.48% | +1% | View data |
| 6 | 6 Mexico | 3.42 | 2023 | +2.65% | +2.04% | View data |
| 7 | 7 Australia | 3.12 | 2023 | +15.35% | -1.14% | View data |
| 8 | 8 Pakistan | 2.69 | 2023 | +1.34% | +0.99% | View data |
| 9 | 9 Russia | 2.28 | 2023 | -0.25% | -2.39% | View data |
| 10 | 10 Canada | 2.27 | 2023 | -4.26% | +0.81% | View data |
